EXPRO NORTH SEA LIMITED
Get an alert when EXPRO NORTH SEA LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£22m
USD 28,376,000
Latest balance sheet
Net assets
£122m
USD 155,985,000
Equity attributable
Employees
918
Average over period
Profit before tax
-£24m
USD -30,196,000
Period ending 2023-12-31
Net assets
1-year trend · vs Energy median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £137,911,829 | — | |
| Operating profit | -£21,400,220 | — | |
| Profit before tax | -£23,686,853 | — | |
| Net profit | -£24,328,522 | — | |
| Cash | £22,259,178 | — | |
| Total assets less current liabilities | £142,050,518 | — | |
| Net assets | £122,360,370 | — | |
| Equity | £122,360,370 | — | |
| Average employees | 918 | — | |
| Wages | £56,549,263 | — | |
| Directors' remuneration | £455,758 | — | |
| Directors' pension contributions | £7,844 | — | |
| Highest paid director | £239,253 | — |
Figures converted to GBP from USD at 0.784 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | -15.5% | |
| Net margin | -17.6% | |
| Return on capital employed | -15.1% | |
| Gearing (liabilities / total assets) | 48.8% | |
| Current ratio | 0.90x | |
| Interest cover | -9.36x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- EXPRO NORTH SEA LIMITED 1994-09-30 → present
- EXPLORATION & PRODUCTION SERVICES (NORTH SEA) LIMITED 1973-04-12 → 1994-09-30
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the future operating profits, cash flows and facilities available and concluded that the Company has considerable financial resources, along with access to a Revolving Credit Facility if needed and is well placed to manage its business risks successfully. Given continued parental support, the Directors deem it appropriate to prepare the financial statements on the going concern basis.”
Group structure
- EXPRO NORTH SEA LIMITED · parent
- Expro Support Service Private Ltd 100%
- Expro Oilfields India Private Ltd 100%
Significant events
- “On 5th May 2026, Expro Group entered into a definitive agreement to acquire Enhanced Well Technologies Group AS. The acquisition is expected to close during the third quarter of 2026.”
- “On July 13, 2026, Expro Ltd, a newly-formed Cayman Islands exempted company, became the new parent company of the Expro group through a series of transactions (the "Redomicile").”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELEY, Sarah Louise | Secretary | 2019-07-11 | — | — |
| FARLEY, Iain David | Director | 2023-05-05 | Apr 1970 | British |
| MCALISTER, Lewis John Woodburn | Director | 2006-07-06 | May 1966 | British |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AINGER, Colin Peter | Secretary | 1997-10-24 | 1999-08-02 |
| COX, Melanie Rachel | Secretary | 2008-01-23 | 2014-11-03 |
| DAND, Anthony Michael | Secretary | 1999-08-02 | 2006-11-28 |
| MCALISTER, Lewis John Woodburn | Secretary | 2006-11-28 | 2008-01-23 |
| O'CONNELL, Clare | Secretary | 2014-11-04 | 2019-07-11 |
| SCOTT, Sandra | Secretary | 1996-11-04 | 1997-10-24 |
| WALTON, John | Secretary | 1991-05-14 | 1996-11-04 |
| AINGER, Colin Peter | Director | 1991-05-14 | 2006-07-06 |
| ASHTON, Nigel Andrew | Director | 1995-09-01 | 2001-04-02 |
| ASHTON, Simon John | Director | 1995-09-01 | 1996-11-04 |
| AWARA, Abdalla Zakaria | Director | 2008-07-09 | 2010-02-26 |
| COLLIS, Mark Russell | Director | 2011-01-26 | 2012-06-19 |
| COUTTS, Graeme Forbes | Director | 1995-09-01 | 2011-07-31 |
| CRUMP, Mark Leslie | Director | 2010-01-04 | 2011-01-26 |
| DAWSON, John Hennessey | Director | — | 2003-09-30 |
| DODDS, Alex | Director | 1998-08-01 | 2000-05-30 |
| EDWARDS, Jeffrey Charles | Director | 1997-01-17 | 2001-06-04 |
| FERGUSON, Stuart Edward | Director | 2000-11-09 | 2001-02-23 |
| GEDDES, Alistair George Sinclair | Director | 2012-10-02 | 2023-03-31 |
| HENDERSON, Jeremy Neil | Director | 1994-09-19 | 1997-06-10 |
| HUNTER, Alexander | Director | 1994-09-19 | 1996-12-05 |
| KITCHENER, Antony Mark | Director | 1996-11-04 | 2001-07-03 |
| MACKENZIE, Colin James | Director | 2020-06-03 | 2023-05-05 |
| MAIR, Robin Barclay | Director | 2007-10-09 | 2012-05-08 |
| MARTINDALE, Michael John | Director | 1996-03-15 | 2006-12-29 |
| MAWTUS, Christopher Donald | Director | 2005-11-01 | 2011-07-01 |
| NEILL, Francis James | Director | 2002-12-06 | 2007-07-16 |
| PALMER, Keith John | Director | 2011-02-01 | 2015-01-09 |
| PRISE, Gavin Jonathan | Director | 2001-04-02 | 2010-02-18 |
| ROBB, Ian James | Director | 2012-01-09 | 2020-03-31 |
| ROBB, Ian James | Director | 2010-05-11 | 2011-01-28 |
| RODGER, Lorraine Margaret | Director | 2001-06-19 | 2010-06-04 |
| SIMS, Neil Ronald | Director | 2015-01-09 | 2020-06-03 |
| SPEAKMAN, Michael James | Director | 2004-03-01 | 2012-04-05 |
| TORRINGTON, Timothy Howard St George, The Viscount | Director | — | 1992-07-29 |
| WILKINS, Ian Clive | Director | — | 1996-03-29 |
| WILLIAMS, Glynn Richard | Director | 1993-09-15 | 1995-06-13 |
| WOODBURN, Charles Nicholas | Director | 2010-11-25 | 2016-03-31 |
| WOOLLEY, Eric Rhys | Director | 1997-06-10 | 2003-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Exploration And Production Services (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 256 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-13 | AA | accounts | Accounts with accounts type full | |
| 2026-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2025-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-13 | AA | accounts | Accounts with accounts type full | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-20 | AA | accounts | Accounts with accounts type full | |
| 2022-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-10-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-08-19 | AA | accounts | Accounts with accounts type full | |
| 2021-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.